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Jan 24, 2012
01/12
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[applause] we must bring federal deficits down. [cheers and applause] [applause] but how we do that makes all the difference. [cheers and applause] we can begin by limiting the size and scope of government. [cheers and applause] under the leadership of vice president bush, we have reduced the growth of federal regulations by more than 25% and cut well over 300 million hours of government required paperwork every year saving the public more than $150 billion over the next ten years. [applause] the grace commission has given us some 2500 recommendations for reducing wasteful spending and they're being examined throughout the administration. federal spending growth is cut from 17.4% in 1980 to less than half of that today, and we have already achieved over $300 billion in budget savings for the period of 1982-86, but that's only a little more than half of what we sought. government is still spending too large a percentage of the total economy. [applause] now, some insist that any further budget savings must be obtained by reducing the
[applause] we must bring federal deficits down. [cheers and applause] [applause] but how we do that makes all the difference. [cheers and applause] we can begin by limiting the size and scope of government. [cheers and applause] under the leadership of vice president bush, we have reduced the growth of federal regulations by more than 25% and cut well over 300 million hours of government required paperwork every year saving the public more than $150 billion over the next ten years. [applause]...
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Jul 25, 2012
07/12
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president clinton's deficit-reduction plan not only reduced the deficit as planned, it eliminated it entirely. so not only did we create all that prosperity, president clinton then handed off a record surplus. i think it needs to be said. he handed off a record surplus to incoming president george w. bush. in fact, when president bush took office, we were on track to completely pay off our national debt with $5 trillion of surpluses projected over the next ten years. in other words, we would have zeroed out our national debt last year -- zero, no debt. but he cut taxes in 2002, he cut taxes in 2003 after we went to war. unprecedented. in our nation's history. the decision before us today is a fundamental one. should we extend these tax cuts on income up to $250,000, deserving tax cuts for everyone, the largest tax cuts going to those with income incomes of $20 or more. they get the largest tax cuts. but asking the richest 2% to pay their fair share, to pay 4.6% extra on income over $250,000. which has been shown historically to create jobs. it poses a question about choices. we can c
president clinton's deficit-reduction plan not only reduced the deficit as planned, it eliminated it entirely. so not only did we create all that prosperity, president clinton then handed off a record surplus. i think it needs to be said. he handed off a record surplus to incoming president george w. bush. in fact, when president bush took office, we were on track to completely pay off our national debt with $5 trillion of surpluses projected over the next ten years. in other words, we would...
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Feb 14, 2012
02/12
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just cut the deficit. if you did that, if you did that alone, i'm afraid the result would be disastrous. the president understands and we all should, there are three basic pillars to economic growth in america. and they're obvious. training and education. is there a single senator, congressman, or anyone here who doesn't understand they wouldn't be here without an education? we value education in america. it's the ladder of opportunity and president obama in his budget focuses on educating and training the next generation of skilled workers and leaders in the american economy. when we walk away from that commitment to education, we walk away from our future. the second thing the president's budget focuses on is innovation, finding those new technologies, those new discoveries which make our lives less burdensome and create more economic opportunity. it may be the next medical device, a diagnostic tool which saves a life, it may be the next pharmaceutical breakthrough at the national institutes of health, i
just cut the deficit. if you did that, if you did that alone, i'm afraid the result would be disastrous. the president understands and we all should, there are three basic pillars to economic growth in america. and they're obvious. training and education. is there a single senator, congressman, or anyone here who doesn't understand they wouldn't be here without an education? we value education in america. it's the ladder of opportunity and president obama in his budget focuses on educating and...
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Mar 14, 2012
03/12
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you have very large deficits. if you don't want to cut defense spending than it is going to be up to you to show what you will cut in his place. >> host: the cost of health care. what did the cbo say? >> guest: the report was interesting because there were actually a lot of -- among the legislation and yet the total 10 year score changed very little, about $40 billion difference over 10 years. but within that, there were some interesting things about how much more medicare, i mean medicaid is going to cost primarily because of the extent and duration of the recession and it will push a lot more people onto medicaid for the health care. >> host: let's talk more about that but first democrats to 202-73-7003, and independence to (202)628-0205. we want to get your comments here on the 2012 deficit to reach $1.2 trillion. let's talk a little bit more. what was interesting about that? >> guest: of the medicare cuts actually stay about the same during the 10 years but one interesting thing is you have had a slow down in
you have very large deficits. if you don't want to cut defense spending than it is going to be up to you to show what you will cut in his place. >> host: the cost of health care. what did the cbo say? >> guest: the report was interesting because there were actually a lot of -- among the legislation and yet the total 10 year score changed very little, about $40 billion difference over 10 years. but within that, there were some interesting things about how much more medicare, i mean...
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Nov 14, 2012
11/12
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the medicare program -- it's the biggest driver of the debt and deficit. tom coburn and i have a medicare reform bill that would save $600 billion over the next 10 years. it can take something like that. but i think the president will have to make clear that he will either support, well, beginning to increase the edge of eligibility. just like we have done with social security. maybe asking wealthier people to pay a little bit more money for some of the benefit of medicare. >> of course, up to now, the president of protest then clamped down on providers. >> that probably compromises the care. >> what about premium support? the kind of thing that paul ryan was talking about? a voucher type system? >> is your responsibility to buy your plan with this voucher. >> well, i don't think he will do that. >> can you get there without doing that? >> i think you can, but it's tough. the increasing needs of eligibility to be close to the age that people are living in. the average age is about 70. it is now closing in on 80. that saves a lot of money every year. i thin
the medicare program -- it's the biggest driver of the debt and deficit. tom coburn and i have a medicare reform bill that would save $600 billion over the next 10 years. it can take something like that. but i think the president will have to make clear that he will either support, well, beginning to increase the edge of eligibility. just like we have done with social security. maybe asking wealthier people to pay a little bit more money for some of the benefit of medicare. >> of course,...
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May 2, 2012
05/12
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at the same time way to put in place a plan to deal with the long-term deficit and drivers of the deficit. we can do both, but some of our colleagues to push for more austerity which would only hurt the economy. and then refuse to take a balanced approach and long-term debt as a reduction. >> i thoroughly agree with that. the biggest drag on the economy right now his continued layoffs at the state and local level. you hear on the bluebird radio, government employment is going down. that is not the federal government. it is the state and local government laying off teachers and fire fighters and whoever to balance their budget. so we need some counter action to that immediately to keep this recovery going, but it should be in the context of a legislative long run solution to the sustainability of the budget to stabilizing the debt. that has been my theme for a long time. i think we should have been focusing on how these two things are not antithetical. they need to be done at the same time, and we need to do them now. >> i think that the state and localities are already starting to take so
at the same time way to put in place a plan to deal with the long-term deficit and drivers of the deficit. we can do both, but some of our colleagues to push for more austerity which would only hurt the economy. and then refuse to take a balanced approach and long-term debt as a reduction. >> i thoroughly agree with that. the biggest drag on the economy right now his continued layoffs at the state and local level. you hear on the bluebird radio, government employment is going down. that...
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Jan 26, 2012
01/12
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and as we do that, there have been many efforts to reduce the budget deficit, whether it's the deficit commission, the so-called super committee, many budget proposals submitted and talked about, the simpson-bowles and domenici, a lot of efforts getting closer and closer, we keep working at it, we're finally going to get the job done. but as we work on that, we can't refuse to meet our country's obligations. we have to make sure we pay the bills we've already incurred. we need to show the world the united states does keep its promises. we've got to show people we live up to our word. i urge my colleagues to keep our promises and urge my colleagues to vote "no" on the motion to proceed. i yield the floor. a senator: mr. president? the presiding officer: the senator from utah. mr. hatch: mr. president, i would like to express my disapproval of the president's request of the debt limit increase of $1.2 trillion which would place the total limit just below $16.4 trillion. the requested increase amounts to nearly $4,000 of additional debt for every american man and woman and child. and the
and as we do that, there have been many efforts to reduce the budget deficit, whether it's the deficit commission, the so-called super committee, many budget proposals submitted and talked about, the simpson-bowles and domenici, a lot of efforts getting closer and closer, we keep working at it, we're finally going to get the job done. but as we work on that, we can't refuse to meet our country's obligations. we have to make sure we pay the bills we've already incurred. we need to show the world...
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May 7, 2012
05/12
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let's take that now towards deficit reduction. so, again, everyone can talk about how we haven't laid out every dollar but we've been on record supporting cuts. we've not heard one republican hear talk about 1 penny from the revenue side by closing tax loopholes. we look forward to the day we can get a balanced approach. thank you, mr. chairman. .. from the chamber of commerce and one from the military coalition in the record dealing with this. without objection, it's in the record. that question i will provide to mr. van hollen. all of those in favor, aye. those opposed camano. in the opinion of the chair, the noes have it. roll call vote is requested. the clerk will call the roll. [roll call] [roll call]
let's take that now towards deficit reduction. so, again, everyone can talk about how we haven't laid out every dollar but we've been on record supporting cuts. we've not heard one republican hear talk about 1 penny from the revenue side by closing tax loopholes. we look forward to the day we can get a balanced approach. thank you, mr. chairman. .. from the chamber of commerce and one from the military coalition in the record dealing with this. without objection, it's in the record. that...
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Jul 10, 2012
07/12
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the only way to reach fiscal stability and deal with the deficit ands -- debt and deficit is to put all on the table, to make sure spending as well as revenue are on the table and if we can't touch income over $250,000 for the top 2% of americans, we will never honestly deal with the deficit crisis. the republican leader came to the floor and said, well, last week's employment numbers were not that encouraging and i would join him in saying i wish they were better, too. i'm not going to tell you this is where i want to be but i will say this: for 28 straight months, 28 straight months under president obama we have seen increases in private sector employment. jobs are being lost in the public sector, you know that, being lost back home as state and local governments and others are reducing their%. that's part of it -- payrolls. that's part of it. why we haven't seen more fulsome growth but private-sector job growth has continue forward 28 straight months and for the republican leader to suggest the president took this news and then went out on the campaign trail, he forgot something. las
the only way to reach fiscal stability and deal with the deficit ands -- debt and deficit is to put all on the table, to make sure spending as well as revenue are on the table and if we can't touch income over $250,000 for the top 2% of americans, we will never honestly deal with the deficit crisis. the republican leader came to the floor and said, well, last week's employment numbers were not that encouraging and i would join him in saying i wish they were better, too. i'm not going to tell...
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Sep 10, 2012
09/12
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reduces the deficit. reduces the deficit. and it insures more than 94% of all americans, over 94% of all americans will have that coverage. mr. president, the bottom line is very simple and i'll be talking about this in the days ahead. president obama will protect medicare, will protect health care not only for our seniors but for young people, for middle-class americans, and yes, for those on the bottom rung of the ladder who need medicaid to sustain them and give them quality health care. the ryan budget rolls back all of thi this, rolls it all back. and so again we are faced with this choice. faced with this choice -- the ryan budget or what president obama has come forward in his budget and with his obamacare, to make sure that america remains a good middle-class country, where people on the bottom have the rungs on the ladder to get into that middle class. where the middle class knows they can leave a job and go to another job and not lose their health care plan. where someone can start a small business and know that the
reduces the deficit. reduces the deficit. and it insures more than 94% of all americans, over 94% of all americans will have that coverage. mr. president, the bottom line is very simple and i'll be talking about this in the days ahead. president obama will protect medicare, will protect health care not only for our seniors but for young people, for middle-class americans, and yes, for those on the bottom rung of the ladder who need medicaid to sustain them and give them quality health care. the...
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Dec 5, 2012
12/12
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we went into deficits, deficits as far as the eye could see. deeper and deeper in debt. so you might ask, then, "senator boxer, why are you now supporting those tax cuts being renewed for 98% of the people?" and the answer is, it's a different time and a different place. we're getting out of a recession and we can make up the moneys we need to balance this budget by going just to the top rate, going to the people over $250,000. remember, this plan that we passed in july -- if we could go back to that chart -- that gives a tax break on the first $250,000 of income. and, in essence, giving everybody a tax break on that first $250,000. it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but asking the wealthiest to pay their fair share for the greatest country on the face of this earth. my father was born into dire poverty. he was the only one of nine children born in america. he was the only one of nine children to go to college at night in your great state, madam p
we went into deficits, deficits as far as the eye could see. deeper and deeper in debt. so you might ask, then, "senator boxer, why are you now supporting those tax cuts being renewed for 98% of the people?" and the answer is, it's a different time and a different place. we're getting out of a recession and we can make up the moneys we need to balance this budget by going just to the top rate, going to the people over $250,000. remember, this plan that we passed in july -- if we could...
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Apr 26, 2012
04/12
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first, the president said that it was all about deficit reduction. when we pointed out to him that it raised only $47 billion in revenue over ten years, a drop in the bucket given the president of the unitethepresidt spending, the white house shifted gears. now it was about fairness. when we pointed out that his redistributionist scheme if directed to a lower tax bracket would only yield $11 per family tax rebate, he criticized republicans for demonizing him as a class warrior. the president needs to come clean about what the buffett tax really is. it is nothing less than a second and even more damaging a.m.t., alternative minimum tax, one that would force many small business owners and job creators to pay a minimum of 30% of their income in taxes. as "the wall street journal" said on april 10, quote, "the u.s. already has a buffett rule, the alternative minimum tax that first became law in 1969. the surest prediction in politics is that any tax that starts behighting the rich -- by hitting the rich ends up by hitting the middle class because that is
first, the president said that it was all about deficit reduction. when we pointed out to him that it raised only $47 billion in revenue over ten years, a drop in the bucket given the president of the unitethepresidt spending, the white house shifted gears. now it was about fairness. when we pointed out that his redistributionist scheme if directed to a lower tax bracket would only yield $11 per family tax rebate, he criticized republicans for demonizing him as a class warrior. the president...
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Jul 25, 2012
07/12
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and, b, could go to deficit reduction. i know lots of very wealthy people who say i don't mind paying more taxes if the money would go to deficit reduction. well, our bill allows exactly that to happen. so democrats are going to be happy to bring the argument to the american people and ask them whether they think obscure procedural rules which the republican party in the house has ignored time and time again are now reason enough to let over 100 million families face a tax hike of $1,600 a year. mr. president, the senate is about to pass the only tax cut bill that has a chance of becoming law. no one thinks it's a good idea to raise taxes on the middle class. no one. we can disagree about whether the very wealthiest in society should also get a tax break, but we all agree that the middle class should get one. so why hold one hostage for the other? the senate supports middle-class tax breaks. the president supports middle-class tax breaks. the house supports middle-class tax breaks. democrats support middle-class tax breaks
and, b, could go to deficit reduction. i know lots of very wealthy people who say i don't mind paying more taxes if the money would go to deficit reduction. well, our bill allows exactly that to happen. so democrats are going to be happy to bring the argument to the american people and ask them whether they think obscure procedural rules which the republican party in the house has ignored time and time again are now reason enough to let over 100 million families face a tax hike of $1,600 a...
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Feb 15, 2012
02/12
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i served in the bowles-simpson deficit commission. i understand this issue a little, maybe more than some. i don't profess to be an expert, but deficits have to be brought under control. you can't borrow 40 cents for every dollar you spend in washington and sustain economic growth in america, period. i also know this. with 10, 11, or 12 million americans out of work, you cannot balance this budget. we have got to get america back to work. these workers have to start earning a good wage, paying their fair share taxes, creating growth in the economy, and also growth in revenue which allows us to balance our budget. the president has two accelerators. he has to push on them both at the same time. fiscal speedometer -- fiscal responsibility on one side and growth on the other. we have to move forward on the straight path, his budget does that. others say ignore growth and jobs, just cut spending, just cut the deficit. if you did that, that alone, i'm afraid the result would be disastrous. the president understands and we all should. there
i served in the bowles-simpson deficit commission. i understand this issue a little, maybe more than some. i don't profess to be an expert, but deficits have to be brought under control. you can't borrow 40 cents for every dollar you spend in washington and sustain economic growth in america, period. i also know this. with 10, 11, or 12 million americans out of work, you cannot balance this budget. we have got to get america back to work. these workers have to start earning a good wage, paying...
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Feb 13, 2012
02/12
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first, there is no $4 trillion deficit reduction. there is not a $4 trillion deficit reduction. i know that's hard to believe, and we're talking about a difference between $4 trillion o.the president submits a budge, we're worried about all of these accounts and we're $4 trillion off? well, it's a hard thing to imagine, but i'm -- i will explain to you why i say that. what we know is this: you that under the president's budget -- and the number he's provided for us based on his growth projections and other projecti projections that are in it -- he projects that when ten years is up, 2022, we will have added to the total debt of america $11.3 trillion. added that much debt. every year hundreds of billions of dollars in debt. the lowest single year being $575 billion in debt, and the last several years the debt is increasing annually each year. so it would be $11.3 trillion. under the current law, the budget control act that passed last summer, that had the sequester in it and the reductions in spending, under that unchanged, and that's the current law. this budget deals with what
first, there is no $4 trillion deficit reduction. there is not a $4 trillion deficit reduction. i know that's hard to believe, and we're talking about a difference between $4 trillion o.the president submits a budge, we're worried about all of these accounts and we're $4 trillion off? well, it's a hard thing to imagine, but i'm -- i will explain to you why i say that. what we know is this: you that under the president's budget -- and the number he's provided for us based on his growth...
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158
Sep 11, 2012
09/12
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you hold some of the programs relatively flat or decrease them and you just run a higher deficit. that is obviously an option and we have a big history of doing that in this country. >> very quick way, to summarize, the 15% of the federal budget that president obama wants to spend on defense now, not counting war funds, governor romney in the short term would spend about 16.5 or 17% on the federal budget so 15 versus 16.5217. now if governor romney overtime were to hold himself to the exasperation of goal, the gulf between romney and obama grows much wider so maybe by 2017 at something like 13% for obama in 19% for romney, something like that but in the short term it's more like 15% of federal spending versus 16.5 or 17%. >> we are getting to the bewitching hour here so if you have any closing broader thoughts, perhaps we will go in the same order. >> just very quickly and thank you for being here. either candidate is going to have to come up with innovative defense policies because neither one has the money. governor romney a think his aspirations are less realistic but nonethele
you hold some of the programs relatively flat or decrease them and you just run a higher deficit. that is obviously an option and we have a big history of doing that in this country. >> very quick way, to summarize, the 15% of the federal budget that president obama wants to spend on defense now, not counting war funds, governor romney in the short term would spend about 16.5 or 17% on the federal budget so 15 versus 16.5217. now if governor romney overtime were to hold himself to the...
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Jun 18, 2012
06/12
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history, it was one of the biggest deficits we ever have. so we sought to balance it without raising taxes, without massive layoffs, without cutting things like medicaid. i put more money into medicaid any governor in wisconsin history. battle to protect needy families, children and seniors but because i knew in many cases in the past when medicaid have been cut, it became a hidden tax on employers. just got passed on to everybody else who pays for health insurance so we did it without all those options that we saw from some of our neighbors. and say we put in place long-term structure reform to help is not only balance our state budget that helped everyone of our local governments balanced budgets not just for today but for years to come. what i said in the capital as we try to think more about the next generation than just about the next election. i think that's what people elect us to do. fixing or at least it wasn't our fiscal house also been tied into stability, and certainly on our economic challenge as well. we knew that for example,
history, it was one of the biggest deficits we ever have. so we sought to balance it without raising taxes, without massive layoffs, without cutting things like medicaid. i put more money into medicaid any governor in wisconsin history. battle to protect needy families, children and seniors but because i knew in many cases in the past when medicaid have been cut, it became a hidden tax on employers. just got passed on to everybody else who pays for health insurance so we did it without all...
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Feb 7, 2012
02/12
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now, you would think with these huge deficits that we wouldn't be having a problem in defense spending as well as in -- in our roads and highways and coming up with a -- with a -- a bill that would be a transportation reauthorization bill. the transportation reauthorization bill of 2005 where i was the sponsor of it because i was chairman of the committee was a $286.4 billion bill. it was one that even at that time just barely maintained what is out there already. and certainly, i don't have to tell the occupier of the chair from west virginia that i have been through his state and there is a lot of room for improvements in the road system, and i know that he is a strong supporter of this. but this is certainly in my state of oklahoma -- it happens in my state of oklahoma, it is tied the last time i checked with missouri dead last in the quality of our bridges. and we have actually had deaths in oklahoma. we had a lady not too long ago in a -- in oklahoma city. she was the mother of three small children. was driving and a chunk of concrete came off a bridge and killed her. i mean, this
now, you would think with these huge deficits that we wouldn't be having a problem in defense spending as well as in -- in our roads and highways and coming up with a -- with a -- a bill that would be a transportation reauthorization bill. the transportation reauthorization bill of 2005 where i was the sponsor of it because i was chairman of the committee was a $286.4 billion bill. it was one that even at that time just barely maintained what is out there already. and certainly, i don't have to...
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Jan 26, 2012
01/12
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they have already made a commitment to our deficit. a two-year pay freeze of $60 billion. the president's budget includes a 25% increase and another $18 billion or federal workforce has contribute to. there are better ways to balance this package. the american people are looking at what we are doing here and they want us to succeed. i am feeling better knowing we are having an open conference and i hope we will continue to do that. i hope when we complete our work fairly by understanding we will have to have compromises and we need a balance and fair approach. without mr. chairman and look forward to working with you and i yield back the balance of my time. >> thank you in out recognize the commerce committee chairman representative upton for five minutes. >> thank you mr. chairman. this conference committee was so simple to finish her work with the middle tax -- middle-class tax relief. there were two parts of bill and i want to talk about both. are able chair and vice chair of talked about the tax relief piece of the puzzle and certainly that is very important. this week
they have already made a commitment to our deficit. a two-year pay freeze of $60 billion. the president's budget includes a 25% increase and another $18 billion or federal workforce has contribute to. there are better ways to balance this package. the american people are looking at what we are doing here and they want us to succeed. i am feeling better knowing we are having an open conference and i hope we will continue to do that. i hope when we complete our work fairly by understanding we...
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Oct 11, 2012
10/12
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bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the last two years. some of your big trading partners like spain, ireland, italy are separating less by us. it makes it harder for us to pay off our debt. but here is the crucial thing you need to know. yes it is worse than we thought and yes it is taking longer but we are making progress thanks to the good result of george osborn we've cut off the deficit. 25%. that has helped to keep our interest rates at record low levels. keeping the market is low. more money in your pockets, giving businesses more confidence to invest, creating more jobs. and if you don't bel
bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the...
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Nov 13, 2012
11/12
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in other words, deficits go down rather than up once you do $4 trillion of deficit reduction. and most importantly, they brought democrats and republicans together which, despite the hopes of both democrats and republicans, might not be necessary in 2013 is as i mentioned in my opening remarks. the public wants us to compromise. as you know, i disagreed with simpson-bowles on bringing the top rate down from 35. they had it anywhere from 23-28, and as i've said, the mathematics doesn't work unless you're going to hurt the middle class, which is a bad idea. so i think that's a place where i disagree and the president disagrees with simpson-bowles on that. and i think the election, basically, the electorate agreed with us. i do think we believe we have a mandate on that issue. but overall the simpson-bowles basic structure is the right way to go. um, second question was -- >> [inaudible] >> look, it has to be a balanced approach. and that means that entitlements are on the table, medicare and medicaid. i agree with leader reid, social security -- even when simpson-bowles included
in other words, deficits go down rather than up once you do $4 trillion of deficit reduction. and most importantly, they brought democrats and republicans together which, despite the hopes of both democrats and republicans, might not be necessary in 2013 is as i mentioned in my opening remarks. the public wants us to compromise. as you know, i disagreed with simpson-bowles on bringing the top rate down from 35. they had it anywhere from 23-28, and as i've said, the mathematics doesn't work...
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Apr 4, 2012
04/12
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there are infrastructure deficits. in order to implement supply chain control, in order to adhere to standards there has to be a system in place. there has to be people trained to know that those standards exists, there has to be laboratories in place, and there's infrastructure deficits at various levels in both the food and drug systems. there needs to be a legal foundation for regulating drugs. there needs to be a legal foundation for indicating and imposing safety standards on a product. not just the manufacturing aspect and a manufacturing drive to actually develop these. we noticed a number of different work force problems at multiple levels, and we go into a lot of detail on this within the report. essentially, what this relates to in many cases is that there's just a lack of adequately-trained individuals and regulatory science. there's lack of stability within regulatory agencies of those people who are trained, there's turnover and in some smaller countries there's rapid turnover and continuous turnover. so i
there are infrastructure deficits. in order to implement supply chain control, in order to adhere to standards there has to be a system in place. there has to be people trained to know that those standards exists, there has to be laboratories in place, and there's infrastructure deficits at various levels in both the food and drug systems. there needs to be a legal foundation for regulating drugs. there needs to be a legal foundation for indicating and imposing safety standards on a product....
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Sep 27, 2012
09/12
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deficit reduction enacted now with enforceable limitation of limited period down the road would provide time, hopefully, for recovery to take gold and could contribute significantly to that recovery by ginger in economic confidence and by creating a fiscal content that would allow a stimulus. more broadly, the hamilton project convenes to liberation of her aspects of our broader shorter-term duress, including stimulus and mortgage relief. but our primary focus continues to be long-term economic policy. turning to the longer-term, our country has enormous strengths, dynamic and entrepreneur culture or ask not your resource, rule of law, flexible labor and capital markets, and so much else. dust, -- that's there are immediate hardships to be addressed. we are well-positioned to succeed for the transforming global economy. however realizing that potential requires sound fiscal conditions instead of the current unsustainable and dangers fiscal trajectory, strong public investment in areas critical to economic success, and reform in non-budgetary areas such as health care, energy, immigratio
deficit reduction enacted now with enforceable limitation of limited period down the road would provide time, hopefully, for recovery to take gold and could contribute significantly to that recovery by ginger in economic confidence and by creating a fiscal content that would allow a stimulus. more broadly, the hamilton project convenes to liberation of her aspects of our broader shorter-term duress, including stimulus and mortgage relief. but our primary focus continues to be long-term economic...
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Nov 14, 2012
11/12
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you would think debt and deficit is big issue. it is $55,000 for every young person getting out of college and all of us and those issues are ones that we were not able to communicate in a way that was effective clearly to win the majority of that vote. i they have some of the social issues are very important to that generation. they look at these issues differently than our generation. paul and i graduated almost the same year, from the same institution and, you know, it's a different attitude now. i think you have to acknowledge that and deal with it. >> does the president have a mandate to raise taxes? and i ask because your minority leader, you're leader in the senate, mitch mcconnell told my colleague steve moore, says he does not believe that is his mandate. >> look. as you know i'm a fierce advocate for tax reform for all the reasons we talked about earlier. competitiveness. america is falling behind in terms of our competentive position and one of the main reasons is our tax system is antiquated. it is inefficient. there a
you would think debt and deficit is big issue. it is $55,000 for every young person getting out of college and all of us and those issues are ones that we were not able to communicate in a way that was effective clearly to win the majority of that vote. i they have some of the social issues are very important to that generation. they look at these issues differently than our generation. paul and i graduated almost the same year, from the same institution and, you know, it's a different attitude...
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Dec 13, 2012
12/12
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so the result was a return to large deficits. and, of course, those large deficits grew substantially larger because of the recession that began in december of 2007. today we're trying to strengthen our economy while at the same time trying to reduce projected deficits. that long-term deficit reduction will once again require higher taxes and also new constraints on spending, and i hope that even in these final days of this 112th congress we can reach tbreament to proceed. -- agreement to proceed. as regards health care in the long-standing fight to provide americans with access to affordable health care, we have seen significant progress. in 1997 we enacted the children's health insurance program, which resulted in nearly 8 million american children obtaining access to health care. of course, in 2010, we adopted the patient protection and affordable care act. this unfairly maligned legislation has the promise of moving us much closer to the goal of universal health care, and i am ar i am proud to have d with my colleagues in the
so the result was a return to large deficits. and, of course, those large deficits grew substantially larger because of the recession that began in december of 2007. today we're trying to strengthen our economy while at the same time trying to reduce projected deficits. that long-term deficit reduction will once again require higher taxes and also new constraints on spending, and i hope that even in these final days of this 112th congress we can reach tbreament to proceed. -- agreement to...
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Mar 13, 2012
03/12
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, this bill doesn't add anything for the federal pcisel, deficit. this is precisely, mr. president, precisely the kind of thing we should be doin. right here in washington. mesgeu it's a message we should send. we don't need fewer apples orcro microsoft or facebook, we need more of that. we need the value to add to your life's the edge they give us in the world economy, the jobs thef provide hundreds of thousands oe american workers and to help i with the idea into.e let's send this important signal and we still believe in innovation and that is on a common good is in sight right wk before us to achieve it this isw so crucial that i want to renews what my colleague john culticmal plus life is just offered consent. i told the majority leader in going to do this return to this important bipartisan piece of legislation that passed overwhelmingly to the president of the united states and we h finished the highway bill and let me say again there is noconh purpose served erby manufacturig and controversy minute said john inur exist we have the legislation
, this bill doesn't add anything for the federal pcisel, deficit. this is precisely, mr. president, precisely the kind of thing we should be doin. right here in washington. mesgeu it's a message we should send. we don't need fewer apples orcro microsoft or facebook, we need more of that. we need the value to add to your life's the edge they give us in the world economy, the jobs thef provide hundreds of thousands oe american workers and to help i with the idea into.e let's send this important...
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Aug 22, 2012
08/12
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what about the deficits. it is declining annual deficits, in five years. it is across the board. the legislative default line, according to senate republicans win is past somehow the culture and the constitution, the first thing we did is ignore it. they start with a numbers, it will work well. how do we get something serious? and the constitution. a balanced budget in the constitution and bus services and constitutional amendment. i don't think that will work. let me give you a good reason. and forecasts on how the economy will perform. we don't have clairvoyance working in washington. the performance is really hard, the congressional budget office, and the constitution without even knowing. that is assuming the technicians on political views, and if true, you can't count on it. the amendments will be written, so we more or less understand it. at the end of the day domestic products and more of the concepts and that congress was in the system. in the last 48 hours, what is the task? let's cook up an obscure example. do we really want every time the government produced the budget
what about the deficits. it is declining annual deficits, in five years. it is across the board. the legislative default line, according to senate republicans win is past somehow the culture and the constitution, the first thing we did is ignore it. they start with a numbers, it will work well. how do we get something serious? and the constitution. a balanced budget in the constitution and bus services and constitutional amendment. i don't think that will work. let me give you a good reason....
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Sep 27, 2012
09/12
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that is a fundamental structural shift and it is produced -- it has produced record-setting deficits and putting us in a path of greece and where much of europe are. the economy is teetering on the edge of recession. the were seen can do is jacked up taxes on small businesses and entrepreneurs or job creators. that makes it all the more likely to push us into a recession. and for the 23 million people who struggling for work, the worst thing to do is hurt the small businesses that create those jobs. >> it is fair to say that the president has reduced taxes. he has reduced taxes for small businesses 18 times. he cut taxes for '95 -- for 95% of families out there. the question is do we ask everybody to sacrifice? when you look at the marginal rate in the united states, when ronald reagan took office, the marginal office with 71% to 72%. it is interesting to me that the greatness that people speak of in terms of the united states, when we talk about the 1940's, the 1950's, the 1960's, 1970's, the marginal rate that folks paid was much greater. nobody says we will go back to that. at the
that is a fundamental structural shift and it is produced -- it has produced record-setting deficits and putting us in a path of greece and where much of europe are. the economy is teetering on the edge of recession. the were seen can do is jacked up taxes on small businesses and entrepreneurs or job creators. that makes it all the more likely to push us into a recession. and for the 23 million people who struggling for work, the worst thing to do is hurt the small businesses that create those...
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Feb 9, 2012
02/12
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and those budgets that had deficits of around $4.5 trillion. i've been very upset about that. i'm upset about what the president is doing with the -- with the -- with the military right now. if we have to go through the sequestration, as is planned, we're going to lose about a trillion dollars in defense spending over the next ten yea years. and the third area is in energy, we have the opportunity to be totally energy self-supporting just by developing our own resources, but the problem's a political problem. and -- and the fourth area is overregulation. i say this because my good friend, the chairman of the environment and public works committee, would disagree with me in all these areas because we don't agree. and i look at the regulations and the fact that in my opinion, they're driving our manufacturing base overseas. i see the -- the crown jewel of all regulations is cap and tra trade. they tried their best to do it. they the mccain-lieberman bill in 2002 -- 2003 and then again in 2005. they had the boxer bill, several boxer bills that senator boxer was involved in. certa
and those budgets that had deficits of around $4.5 trillion. i've been very upset about that. i'm upset about what the president is doing with the -- with the -- with the military right now. if we have to go through the sequestration, as is planned, we're going to lose about a trillion dollars in defense spending over the next ten yea years. and the third area is in energy, we have the opportunity to be totally energy self-supporting just by developing our own resources, but the problem's a...
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Jan 24, 2012
01/12
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they can't deficit-spend. they can't borrow themselves into oblivion. they can't print the money and write the checks. don't you think the government ought to at least have to live under the same set of circumstances? we need for this room to become a big kitchen table, good enough for 100 people of good will to sit down together. we need a white house to submit a budget that we can then argue about and set the priorities of this country and try to put a governor on what we're spending. try and put some type of accountability for where we're going. try and forecast what the american people can expect of all of us. so tonight when the president talks about fairness, i hope one of his quotes will be, its only fair to expect of me, the president, to submit a budget to the congress and it is only fair of me, the president, to expect the congress to act on that busmght because, after all, everything else flows from that. in the absence of budget responsibility, budget restrictions and predictions and a kuhl us will for the future, we're spending without any
they can't deficit-spend. they can't borrow themselves into oblivion. they can't print the money and write the checks. don't you think the government ought to at least have to live under the same set of circumstances? we need for this room to become a big kitchen table, good enough for 100 people of good will to sit down together. we need a white house to submit a budget that we can then argue about and set the priorities of this country and try to put a governor on what we're spending. try and...
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Jul 24, 2012
07/12
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let's take on deficits and debt. let's make certain that everybody has a chance to contribute, even those who are at the top rungs who are now paying nothing. i thank the chair and yield the floor. the presiding officer: the senator from illinois. mr. durbin: mr. president, i thank my colleague from north dakota, senator kent conrad, chairman of the senate budget committee. and unfortunately for this country, he's retiring because he's brought to this chamber and to the national debate on our deficits an insight and knowledge of the subject that is unequaled. he has become a close and dear friend of mine, even closer over the last couple of years, while we labored shoulder to shoulder in the simpson-bowles deficit commission and in efforts afterwards, bipartisan efforts in the senate to deal with the deficit. i am disappointed and somewhat troubled by the argument made from many in this chamber that the deficit is the most serious problem facing america, and then in the same breath they call for extending tax cuts to
let's take on deficits and debt. let's make certain that everybody has a chance to contribute, even those who are at the top rungs who are now paying nothing. i thank the chair and yield the floor. the presiding officer: the senator from illinois. mr. durbin: mr. president, i thank my colleague from north dakota, senator kent conrad, chairman of the senate budget committee. and unfortunately for this country, he's retiring because he's brought to this chamber and to the national debate on our...
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Sep 10, 2012
09/12
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that's the cause of the deficits. and that did have an impact eventually on our ability to recover from the great recession. one other note on this, the rich people even though their tax rates were cut ended up paying a far bigger percentage of taxes after the bush tax cuts. the upper bracket eers paid according to -- earners paid according to c.b.o. in 2008 and 2009, the years for which they have figure, the top 20% of taxpayers paid 90% of income taxes. 94% of income taxes. before the bush tax cuts, before 2001, that same top 20% paid only 81%. so the tax cuts in the upper income tax brackets resulted in an increase in the amount, total dollar amount of taxes paid by the upper-income people from 81% to 94%. so you can't even make the argument that it was less fair. if anything, the upper-income folks obviously paid a lot more, 94% of all the taxes, all of the income taxes paid. now, if deficits are the problem that the democrats are talking about, then president obama would clearly make the problem worse. as he note
that's the cause of the deficits. and that did have an impact eventually on our ability to recover from the great recession. one other note on this, the rich people even though their tax rates were cut ended up paying a far bigger percentage of taxes after the bush tax cuts. the upper bracket eers paid according to -- earners paid according to c.b.o. in 2008 and 2009, the years for which they have figure, the top 20% of taxpayers paid 90% of income taxes. 94% of income taxes. before the bush...
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Sep 26, 2012
09/12
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romney is a let -- a little less focus on the deficit. he spends most of his time talking about jobs and on health care and taxes. whereas democrats have much wider spread of issues that they are discussing. so i will leave it there for n now. [applause] >> thanks, erika. okay, so shadow money, this is a subset of the outside money we're seeing coming into the elections. and we are seeing much more of it this time around. these are the 501(c), especially 501(c)(4) groups that are increasingly active in politics and increase in acted on the airwaves. first a word about, the center for responsive politics, what we do if you're not familiar with this is the slice and dice campaign finance and lobbying information in ways that hopefully make it more accessible and usable, and easier to interpret for both journalists and the public. we've been trying to get at this dark money, shadow money this year. you know, the danger for journalists, for us, for the public is, you know, it's very, very difficult to get at it, to get its donors and exactly
romney is a let -- a little less focus on the deficit. he spends most of his time talking about jobs and on health care and taxes. whereas democrats have much wider spread of issues that they are discussing. so i will leave it there for n now. [applause] >> thanks, erika. okay, so shadow money, this is a subset of the outside money we're seeing coming into the elections. and we are seeing much more of it this time around. these are the 501(c), especially 501(c)(4) groups that are...
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Jan 31, 2012
01/12
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understand their deficit reduction did not begin until the first of 2013. we wanted to create enough time in that commission for the economy to recover and to come out of this recession. and those who argue that we should abandon that now would sink us even more deeply into a recession instead of on the road to recovery. we need to continue to act -fblt we need to -- to act. we need to find things which will strengthen our economy: investment in education and training for our workers, investment in research whether at the national institutes of health or in other agencies of government, so that we can move forward with innovation to create jobs in areas like green and clean energy. and, third, the development of our infrastructure. it is absolutely indefensible this congress has been unable to pay a highway bill, an infrastructure bill to rebuild america. a trip i took to china last year was a stark reminder that this nation, china, is determined to lead the world in the 21st century. they are building in china an infrastructure to do it while we nurse one
understand their deficit reduction did not begin until the first of 2013. we wanted to create enough time in that commission for the economy to recover and to come out of this recession. and those who argue that we should abandon that now would sink us even more deeply into a recession instead of on the road to recovery. we need to continue to act -fblt we need to -- to act. we need to find things which will strengthen our economy: investment in education and training for our workers,...
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Jul 27, 2012
07/12
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and if medicaid becomes part of a deficit reduction deal, what does that mean for the federal match rate for states? so it obviously goes into their consideration, you know, if we go up to 133, what happens if you decide that we don't get 90% match anymore, that we go back to our regular fmap or some kind of blended rate, and we've got all these people on our rolls, and we can't afford them, and we can't go down in eligibility. so the federal budget has huge, is just a big factor for many governors in considering whether or not to expand medicaid. and i had one second left. [laughter] >> great job. terrific. thank you, krista. now we turn to mike hash who's the acting director of the center for information and consumer oversight, also the actual director of the hhs office of health reform. he's a veteran of the white house office of health reform, also of the respected health policy alternatives firm near d.c. he's a longtime senior staff member of the house energy and commerce committee and at one point the acting director of what is now cms. michael hash, thanks for being with us. and
and if medicaid becomes part of a deficit reduction deal, what does that mean for the federal match rate for states? so it obviously goes into their consideration, you know, if we go up to 133, what happens if you decide that we don't get 90% match anymore, that we go back to our regular fmap or some kind of blended rate, and we've got all these people on our rolls, and we can't afford them, and we can't go down in eligibility. so the federal budget has huge, is just a big factor for many...
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May 29, 2012
05/12
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to get serious about our own deficit and debt issues as we look ahead. >> thank you. i'd like to open the discussion to the audience. we have just under half an hour. i ask you to please wait for the microphone to state your name and affiliation before asking your question. we have one up here first. >> i'm brian berry, national correspondent for europolitics. i have a question on terrorism policy, and it didn't come up much, but a couple weeks ago there was an important speech from president obama's counterterrorism adviser, mr. brennan, basically admitting that the u.s. uses drone and will continue to justify that, and, of course, you also have continuing guantanamo bay, which is not being closed, and you have president obama clearly saying he believes in detention without, you know, having to bring a charge for counterterrorism, for security reasons. i'm wondering if you think those issues will, first of all, be issued in the u.s. presidential campaign, if it's going to come up, or if you think it just won't be an issue, and if it is an issue for transatlantic rela
to get serious about our own deficit and debt issues as we look ahead. >> thank you. i'd like to open the discussion to the audience. we have just under half an hour. i ask you to please wait for the microphone to state your name and affiliation before asking your question. we have one up here first. >> i'm brian berry, national correspondent for europolitics. i have a question on terrorism policy, and it didn't come up much, but a couple weeks ago there was an important speech from...
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Jul 24, 2012
07/12
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it added to our deficit. it failed as an economic policy, coinciding with weak growth and economic output and job creation, and it failed as a vital test of public policy in a democratic society because it failed the fairness test. instead, it facilitated massive accumulations of wealth for a fortunate few while most americans have struggled just to trim. yet our republican colleagues persist in their pursuit of the failed policy, persist in fact to the point that they are willing to force a tax increase on more than 90% of taxpayers to potentially send their economy tumbling back into recession in adherence to that failed policy. madam president, we're not arguing against this policy of tax cuts for the wealthiest because we seek to denigrate success for class waffle as the public has alleged. we are arguing against these policies because they are broken, they have failed, they are unfair. we should reject them lest they do even more harm. we should reject the republican pursuit of tax cuts for the wealthy a
it added to our deficit. it failed as an economic policy, coinciding with weak growth and economic output and job creation, and it failed as a vital test of public policy in a democratic society because it failed the fairness test. instead, it facilitated massive accumulations of wealth for a fortunate few while most americans have struggled just to trim. yet our republican colleagues persist in their pursuit of the failed policy, persist in fact to the point that they are willing to force a...
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Jun 14, 2012
06/12
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not increasing our deficit. because any new money we spend increases the debt because we're already in debt, it goes on. in the summary of what he was going to say, he said the president favored a -- quote -- "tax code that creates american jobs and pays down our debt." and, first of all, is the senator aware that under the president's plan that he submitted to us, the budget, that the lowest single year's deficit in the ten-year plan is $607 billion? that we never come close to paying down an debt in the plan that he's submitted us? and how can the president -- this is an unfair question but i'll ask the senator from wyoming. how can the president say that he's got a plan that pays down our debt when the lowest single deficit he proposes is $600 billion-plus. mr. barrasso: i would say to my colleague who is on the budget committee who watches these things very carefully, as i look at what the president proposed, it never got to balance, never dealing with the monumental deficit, never mind the debt. just since
not increasing our deficit. because any new money we spend increases the debt because we're already in debt, it goes on. in the summary of what he was going to say, he said the president favored a -- quote -- "tax code that creates american jobs and pays down our debt." and, first of all, is the senator aware that under the president's plan that he submitted to us, the budget, that the lowest single year's deficit in the ten-year plan is $607 billion? that we never come close to...
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Feb 8, 2012
02/12
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in 2011 last year we had a $272 trade deficit. in 2009, a 226 going dollars trade deficit. in 2008, how about the european union? 201079 alien and 61 billion trade deficit. how about opec? $211,118,000,000 trade deficit. 2,062,000,000,000 when we were buying a lot of oil, 100 seat billion. >> this is amazing to me we make things and sell things to them rather than not spending my money to them is an opportunity to go jobs. i would be particularly concerned that massachusetts is touting its number three export market is china. maybe what you might want to do is test out the cement and to start out by preventing massachusetts to export in china and the e.u. to see how that state fairs when asked to import more than export. what we do here in this country is make things and sell products to other countries and help our jobs when we refined oil to coastal areas and diesel fuels to other countries. that is exporting things and bringing back money so we can have jobs. that is exporting things and bringing back money so we can have jobs. when we make steel, wondering if so whether
in 2011 last year we had a $272 trade deficit. in 2009, a 226 going dollars trade deficit. in 2008, how about the european union? 201079 alien and 61 billion trade deficit. how about opec? $211,118,000,000 trade deficit. 2,062,000,000,000 when we were buying a lot of oil, 100 seat billion. >> this is amazing to me we make things and sell things to them rather than not spending my money to them is an opportunity to go jobs. i would be particularly concerned that massachusetts is touting...
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Oct 18, 2012
10/12
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his deficit reduction plan adds to the deaf -- deficit. so, iowa, you know, everybody here's heard of the new deal? you've heard of the fair deal? you've heard of the square deal? mitt romney's trying to sell you a sketchy deal. [laughter] [cheers and applause] we are not buying it! >> watch and engage monday as president obama and mitt romney meet in their final debate moderated by cbs' bob schieffer from lynn university in boca raton, florida. our debate preview starts at 7 p.m. eastern followed by the debate at 9 and your reaction at 10:30. all live on c-span, c-span radio and online at c-span.org. >> and now, the first florida senate debate between incumbent u.s. senator bill nelson and republican challenger congressman connie mack. this is the only confirmed debate for the florida senate race. it's courtesy of wptv in west palm beach, florida. it's about 50 minutes. >> moderator: good evening and welcome to the campus of nova southeastern university. i'm michael williams. we're honored to have you joining us from across the state of f
his deficit reduction plan adds to the deaf -- deficit. so, iowa, you know, everybody here's heard of the new deal? you've heard of the fair deal? you've heard of the square deal? mitt romney's trying to sell you a sketchy deal. [laughter] [cheers and applause] we are not buying it! >> watch and engage monday as president obama and mitt romney meet in their final debate moderated by cbs' bob schieffer from lynn university in boca raton, florida. our debate preview starts at 7 p.m. eastern...
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Feb 27, 2012
02/12
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during a difficult period of time where we've had deficits of $1.3 trillion to $1.5 trillion, we haven't taken the time to debate how we're spending our money, where we're spending our money and doing it in the context of what we call on the floor regular order. its note hard to understand why only 1% of the american people view the congress as favorable because they can't understand our inability to do the things they have to do themselves. the i.r.s. doesn't take excuses on april 15 if you're not ready. you've got to be ready. if you are a business and you file as an llc or a sub-"s" corporation on the 15th of january, the 15th of angers the 15th of june and the 15th of september, you file a quarterly tax return, and if you don't, you're held accountable. we're now going hue your fourth year and it looks like for the first time we're going to have debates on the fluorer of how we spend the american people's moin. i want to thank our leadership for making the statement of the desire to do so. i have already seen senator inouye and senator cochran working in the subcommittees to see to i
during a difficult period of time where we've had deficits of $1.3 trillion to $1.5 trillion, we haven't taken the time to debate how we're spending our money, where we're spending our money and doing it in the context of what we call on the floor regular order. its note hard to understand why only 1% of the american people view the congress as favorable because they can't understand our inability to do the things they have to do themselves. the i.r.s. doesn't take excuses on april 15 if you're...
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Jul 26, 2012
07/12
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that's deficit reduction. are we going to ask millionaires and billionaires who are doing phenomenally well, whose effective tax rate is the lowest in decades to pay one nickel more in taxes? no, no, we can't do that. we can't do that but we can cut social security, medicare, medicaid, education and every program that the children of this country, the seniors of this country, the working families of this country depend upon. now, to add insult to injury in terms of this movement supported by the big money interests who have so much influence over what goes on here in congress, to add insult to injury, it is important to look at the playing field of the american economy today to understand what's going on. are the people on top really hurting and suffering? are large corporations today really struggling under onerous corporate taxes? the answer is obviously not. madam president, we don't talk about it enough and too few people even mention it, but i do, and i will continue. it is important today to understand t
that's deficit reduction. are we going to ask millionaires and billionaires who are doing phenomenally well, whose effective tax rate is the lowest in decades to pay one nickel more in taxes? no, no, we can't do that. we can't do that but we can cut social security, medicare, medicaid, education and every program that the children of this country, the seniors of this country, the working families of this country depend upon. now, to add insult to injury in terms of this movement supported by...
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Dec 10, 2012
12/12
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um, the budget deficit, um, and then foreign policy. so the four top issues were the same in a slightly different order than they were for the rest of the electorate. um, the budget deficit and health care were in opposite places for the rest of the electorate. um, time it was a little more -- this time it was a little more those domestic issues, those domestic-driven issues than four years ago in my experience. again, part of that is where the media was focused, and the nature of the spanish-speaking community in south florida that's particularly foreign policy driven. but this time even that community wasn't -- and to the extent i was talking about foreign policy, i was talking about benghazi rather than cuba. >> last question, you didn't use the word immigration. immigration was not in that -- >> it came up a little, it came up -- >> a little bit. >> it came up a little bit, and it came up in the following way, um, people wanted to know that the president cared about the issue. they wanted to understand why it hadn't been achieved in
um, the budget deficit, um, and then foreign policy. so the four top issues were the same in a slightly different order than they were for the rest of the electorate. um, the budget deficit and health care were in opposite places for the rest of the electorate. um, time it was a little more -- this time it was a little more those domestic issues, those domestic-driven issues than four years ago in my experience. again, part of that is where the media was focused, and the nature of the...
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Sep 19, 2012
09/12
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this i think shows you right here what's happened to the deficit. we always hear talks about balancing the budget. the -- well, the truth is representative ryan and mr. romney are not interested in balancing the budget. their plan would not balance the budget until 2040, 28 years from now. 28 years from now. as i said earlier, mr. ryan is a true accolyte of former vice president cheney, who, in an unguarded mommy, said that -- ud moment, said deficits don't matter. that was vice president cheney. well, if you look at the debt piled up under the bush years, you'll see that they didn't think deficits mattered. and look at this. here's the debt held by the public under the ryan budget just going for the next 20 years. look at the debt. the debt goes up, it doesn't go down. and where does this debt go? tax cuts for the wealthiest americans. that's where it goes. representative ryan doubles down on the theory that if we give an even greater share of wealth to those at the top, it will magically trickle down, a theory that was tried under president george
this i think shows you right here what's happened to the deficit. we always hear talks about balancing the budget. the -- well, the truth is representative ryan and mr. romney are not interested in balancing the budget. their plan would not balance the budget until 2040, 28 years from now. 28 years from now. as i said earlier, mr. ryan is a true accolyte of former vice president cheney, who, in an unguarded mommy, said that -- ud moment, said deficits don't matter. that was vice president...
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Nov 9, 2012
11/12
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number 10, as we relate to substance, for our fiscal cliff and monumental decisions affecting the debt, deficit, sequestration, taxes, and everything else this country faces, one in the election result puts us closer to a solution? so given those 1015 questions that i don't know anybody in right on because i did myself lastly, i turned over to my distinguished colleague, john fortier. thank you all. >> now we will quiz the panelists on those questions, but what we're going to do, i'm going to introduce the panelist. each of us will give a five or six minute take on what we than most important about the election, we will have a little discussion and then go to the audience. i'm going to keep the buyers brief. you have them in your chairs, these are very accomplished people, if we spent all or someone that we would have anytime to [talking over each other] about the election. ron brownstein is better to director of "national journal" and, of course, with the "los angeles times" for many years and has covered political campaigns for, i won't tell how long, but a long time and is one of our premier
number 10, as we relate to substance, for our fiscal cliff and monumental decisions affecting the debt, deficit, sequestration, taxes, and everything else this country faces, one in the election result puts us closer to a solution? so given those 1015 questions that i don't know anybody in right on because i did myself lastly, i turned over to my distinguished colleague, john fortier. thank you all. >> now we will quiz the panelists on those questions, but what we're going to do, i'm...
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Nov 12, 2012
11/12
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getting a handle on the debt, getting a handle on the deficit which are critical in order to get the economy growing again and people back to work. and i think that is the over -- it's certainly the number one domestic challenge. my point is it's always the number one national security challenge. why? because a healthy economy and a healthy balance sheet undergirds everything we do internationally. it funds our military, it gives strength to our diplomacy, it allows us to be an attractive trading partner which gives us economic influence. it undergirds everything we do overseas. but secondly, it also undergirds the power of the american idea. the american idea is political democracy and free markets makes for a stable situation in the long term but also makes for a prosperous society that is able to deliver on its people. that is really what america has stood for. and by our failure to resolve our own problems and get our economy growing and going again, we undermine the strength of the american idea internationally. and that's why countries are flirting with this notion of, well, ma
getting a handle on the debt, getting a handle on the deficit which are critical in order to get the economy growing again and people back to work. and i think that is the over -- it's certainly the number one domestic challenge. my point is it's always the number one national security challenge. why? because a healthy economy and a healthy balance sheet undergirds everything we do internationally. it funds our military, it gives strength to our diplomacy, it allows us to be an attractive...
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May 7, 2012
05/12
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it passed the deficit. you can't solve the debt problem by cutting the military, and it's extremely risky in the world we live in to do so. i'm for strong development budgets, improving public diplomacy. we have to be, i think, if we don't lead in the world, it will be a dangerous world, but it's a legitimate debate, but nothing wrong about paul ryan. we have to sustain military spending what is a low percentage of gdp, reform medicare and medicaid, and we -- otherwise we're going off a cliff with the deficits. >> well, first of all, the military budget is $700 billion plus with intelligence and other things. it's big in the medicare budget. you can't solve it entirely for the military, but you can't exempt the military. again, when i say the ryan budget increases military spending over what president obama has proposed, what congress temporarily agreed to last year and makes up for it by reductions in medicare and medicaid and it's quoted in the "wall street journal," and it's fro a month ago, an editorial
it passed the deficit. you can't solve the debt problem by cutting the military, and it's extremely risky in the world we live in to do so. i'm for strong development budgets, improving public diplomacy. we have to be, i think, if we don't lead in the world, it will be a dangerous world, but it's a legitimate debate, but nothing wrong about paul ryan. we have to sustain military spending what is a low percentage of gdp, reform medicare and medicaid, and we -- otherwise we're going off a cliff...
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Nov 28, 2012
11/12
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madam president, there are ways to do deficit reduction which are fair. everybody has got to understand we have cut approximately $1 trillion in benefits already. so when we talk about $4 trillion in deficit reduction, $1 trillion has already taken place. second of all, at a time when the wealthiest people are doing phenomenally well, when we have growing wealth and income in america, we have to repeal bush's tax breaks for people making $250,000 or more. that's another $1 trillion. we have got to appreciate the fact that one out of four corporations in america doesn't pay a nickel in taxes. we can bring in significant amounts of revenue through tax reform which asks corporations to start paying their fair share of taxes. we're losing $100 billion a year because corporations and the wealthy are stark their money in the cayman -- are stashing their money in the cayman islands and other havens. defense spending tripled since 1997. we're now spending almost as much as the rest of the world combined. let's take a serious look at defense spending. madam presid
madam president, there are ways to do deficit reduction which are fair. everybody has got to understand we have cut approximately $1 trillion in benefits already. so when we talk about $4 trillion in deficit reduction, $1 trillion has already taken place. second of all, at a time when the wealthiest people are doing phenomenally well, when we have growing wealth and income in america, we have to repeal bush's tax breaks for people making $250,000 or more. that's another $1 trillion. we have got...
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May 18, 2012
05/12
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one thing we can't do we can't tax our way on of this deficit. historic place since the end of world war ii every dollar of increased taxes has resulted in $1.17 of spending. we are overspent, not undertaxed. thank you. >> host: donilon twitter has a different point of view. she writes you cannot cut your way to a balanced budget people need jobs. with of the g8 summit coming this weekend actually more precisely to camp david and the maryland suburbs of washington about an a hour roanoke tourists focus on the contest again by europe, financial crisis in the united states. that is the of lead in this morning's "washington post" and ocean apart solving the crisis. the summit likely to focus on spending verses german cuts. he is a little of what he writes from berlin to read as we know it's taken a loved of solving the recession struggle and the countries to the public spending even as their economy slumps the u.s. springfield virginia. good morning. >> caller: my biggest problem as a democrat, democrats are scared to invoke how we got here and geor
one thing we can't do we can't tax our way on of this deficit. historic place since the end of world war ii every dollar of increased taxes has resulted in $1.17 of spending. we are overspent, not undertaxed. thank you. >> host: donilon twitter has a different point of view. she writes you cannot cut your way to a balanced budget people need jobs. with of the g8 summit coming this weekend actually more precisely to camp david and the maryland suburbs of washington about an a hour roanoke...